Challenge to turn India's growth rate to double digits : PM Modi
New Delhi, June 17 : Prime Minister Narendra Modi on Sunday said the Indian economy grew at a healthy 7.7 per cent in the fourth quarter of 2017-18 and the challenge now is to turn this to "double digits".
"The challenge now is to take this growth rate to double digits, for which many more important steps have to be taken. The vision of a New India by 2022 is now a resolve of the people of our country," Modi told the fourth meeting of the NITI Aayog Governing Council.
A broad range of issues will be discussed at the meeting including measures taken to double farmers' income, development of aspirational districts, progress of flagship schemes like Ayushman Bharat, National Nutrition Mission, Mission Indradhanush and the celebration of the 150th birth anniversary of Mahatma Gandhi.
The Governing Council is the premier body tasked with evolving a shared vision of national development priorities, sectors and strategies with the active involvement of states in shaping the development narrative.
It reviews the work done during the previous year and deliberates upon the future developmental priorities.
The Prime Minister welcomed Chief Ministers and other delegates saying the governing council was a platform that can bring about "historic change". The Chief Ministers of Delhi, Odisha, Goa, Manipur, Mizoram, Sikkim and Tripura were not present.
He assured that the Centre would provide all the required assistance to flood-hit states.
Modi praised the Chief Ministers for playing a key role in policy formulation, through sub-groups and committees on issues such as Swachh Bharat Mission, Digital Transactions and Skill Development.
Modi announced that 1.5 lakh Health and Wellness Centres are being constructed under the Ayushman Bharat scheme and about 10 crore families will be provided health assurance worth Rs 5 lakh every year.
He added that a comprehensive approach was being adopted for education under the Samagra Shiksha Abhiyan.
He said all aspects and parameters of human development needed to be addressed and improved.
"The Gram Swaraj Abhiyan has emerged as a new model for implementation of schemes and this has so far been extended to 45,000 villages."
The target was universal coverage in seven important welfare schemes: Ujjwala, Saubhagya, Ujala, Jan Dhan, Jeevan Jyoti Yojana, Suraksha Bima Yojana and Mission Indradhanush, Modi said.
"India has no shortage of capabilities, capacities and resources and in the current financial year states are receiving over Rs 11 lakh crore from the Centre, which represents an increase of about Rs 6 lakh crore, from the last year of the previous government," Modi said.
This gathering represented the "hopes and aspirations of the people of India" and it was also the responsibility of this gathering to make all efforts to fulfil them, he added.
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Rajnath Singh chairs IGoM meet, urges constant vigil over West Asia crisis
New Delhi (PTI): Defence Minister Rajnath Singh on Thursday emphasised the need for round-the-clock monitoring of the West Asia conflict and called for a calibrated response to deal with any eventuality to ensure that national interests remain protected.
Singh made the comments while chairing a high-level meeting of the Informal Group of Ministers (IGoM) set-up to monitor the situation in West Asia.
The meeting was attended by External Affairs Minister S Jaishankar, Finance Minister Nirmala Sitharaman, Oil Minister Hardeep Singh Puri, Power Minister Manohar Lal, Chemicals and Fertilizers Minister J P Nadda, Consumer Affairs Minister Prahlad Joshi and Minister of Railways, Information and Broadcasting, Electronics and Information Technology Ashwini Vaishnaw.
In view of the "uncertain situation", the defence minister underlined the importance of round-the-clock monitoring of the situation and the need to respond in a calibrated manner to deal with any eventuality, an official readout said.
He stressed on the need to leave no stone unturned to ensure that the people of the country face the minimum effect of the conflict, it said.
It was the second meeting of the IGoM after it was set up last month.
The IGoM was apprised of the measures being taken by the government in the wake of the ongoing West Asia conflict, Singh said on social media.
"We also deliberated upon the next steps to be taken by the government to mitigate any adverse impact arising due to the ongoing conflict," he said.
The defence ministry said in the readout said, "In the meeting, the seven empowered groups of secretaries briefed the IGoM on the steps being taken to tackle the situation."
"The IGoM was apprised about measures undertaken by the Ministry of Finance to address concerns arising due to global trade disruptions and provide relief and support to the industry, especially manufacturing, and bolster investor confidence," it said.
It listed measures including notification issued on Wednesday on full customs duty exemption on 40 critical petrochemical products till June 30.
The ministry also mentioned announcement of a special one-time relief measure for eligible units in SEZs to sell manufactured goods in Domestic Tariff Area (DTA) at concessional customs duty rates to be effective from April 1 to March 31.
It also noted another notification issued by the Department of Revenue clarifying that the provisions of GAAR (General Anti Avoidance Rules) will not be invoked in respect of investments made prior to April 1, 2017.
"These measures will reduce cost pressures on downstream sectors including textiles, packaging and pharmaceuticals, facilitate supply stability in the country and provide requisite clarity for investors contemplating investments in India," the readout said.
Defence Minister Singh appreciated the government's decision to impose a 25 per cent cap on the monthly increase in aviation turbine fuel prices for domestic operations, with effect from April 1.
This step will help protect the people from sudden increase in fares, he said.
The government has accorded highest priority to domestic LPG supply, with refinery production enhanced to fully meet consumption requirements, according to the readout.
"The IGoM was informed that there have been no reports of dry-out at LPG distributorships, and delivery of domestic LPG (liquefied petroleum gas) cylinders continues as per the normal schedule. The temporary supply concerns arose due to instances of hoarding and black marketing, which triggered panic buying in certain areas," it said.
The ministers were informed that strict enforcement action is being undertaken, with raids being carried out across multiple states and Union territories to curb hoarding and black marketing of LPG, the ministry said in the readout.
Action has also been taken against some LPG distributors who engaged in malpractices, it said.
"To support migrant labour and low-consumption households, the government is ensuring adequate availability of 5 kg free trade LPG cylinders, and since March 23, over 4.3 lakh such cylinders have been sold. Special focus is being given to states where demand is higher," it said.
The IGoM was apprised that industrial requirements dependent on commercial LPG are being met, with over 80 per cent of pre-crisis supply levels being maintained to ensure continuity of operations.
"Special meetings have been held with ministries and stakeholders of different industries to understand their demand and meet their needs. Oil PSUs are ensuring continued supply of Auto LPG across the country," the readout noted.
"However, some supply constraints are being faced by private operators due to their procurement challenges, which is why lines are being observed at PSU auto LPG pumps. Wherever the autos are dual feed and can use petrol, they are being encouraged to use petrol," it said.
